Residential Lot Loans
GET A LOT
Finding the right lot is an important step when designing your dream home. We offer flexible repayment options and affordable rates that can work in almost any budget.
- Rates as low as 6.00% with an APR* of 7.68%
- Loans from $10,000 to $1,000,000
- Up to 90% Loan to Value ✲
- Roll your unpaid balance into permanent financing
- No prepayment penalties
- Short Term Interest Only or Long Term Principal and Interest options available
*Annual Percentage Rate (APR) accurate as of September 21, 2018. APR is based on highest tier credit score. APR will vary based on loan amount and finance charges. Example: A $200,000.00 fixed rate loan consists of 11 interest only payments of $538.19 and 1 balloon principal and interest payment of $200,538.19. Actual payment obligation could be greater than example provided, as payments do not include amounts for taxes and insurance premiums. Maximum loan size is $1,000,000.00, minimum loan size is $10,000.00. Subject to credit approval and program underwriting guidelines. Interest rates and program terms are subject to change without notice.
✲ Loan to value is calculated based on the subject property’s fair market value.